Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

AD Ports Group Reports Strong Q2

AD Ports Group Reports Strong Q2

Drone Attack Sparks Fire at Ust-Luga Port

Drone Attack Sparks Fire at Ust-Luga Port

Ukraine Offers Russia Truce in Black Sea

Ukraine Offers Russia Truce in Black Sea

Revised Jones Act Waiver Takes Effect August 17

Revised Jones Act Waiver Takes Effect August 17

Subscribe for Maritime Logistics Professional E‑News

The largest grain terminal in Russia, Novorossiysk KSK, has suspended operations
Petronet India says it is unclear about September LNG deliveries from Qatar
Bird remains found on 737 engine after Ryanair Greek incident